How the G20 Can Hasten Recovery from COVID-19

Maurice Obstfeld · Adam S. Posen

Apr 2020 · Peterson Institute for International Economics

About this ebook

The world's leading economic powers must cooperate more to combat the health and economic shocks resulting from the COVID-19 pandemic. In a new free eBook, PIIE Briefing, How the G20 can hasten recovery from COVID-19, Peterson Institute experts outline how collective action by the Group of Twenty (G20) nations can make a difference. The PIIE agenda includes removal of trade barriers impeding the flow of medical supplies and food, and more money for research, testing, and disease control, especially for debt-burdened low-income countries. The World Bank and the World Health Organization need more resources to relieve suffering, and the International Monetary Fund must step up to stabilize the world financial system.

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About the author

Maurice Obstfeld is Class of 1958 Professor of Economics at the University of California, Berkeley, and nonresident senior fellow at the Peterson Institute for International Economics. He was chief economist of the International Monetary Fund from 2015 to 2018.

Adam S. Posen is the president of the Peterson Institute for International Economics.